Hiruno Konimitsu, founder of Tokyo’s social gaming company Gumi, believes blockchain-based non-exchangeable character (NFT) trading in video games will be “more valuable than the entire Japanese economy.”
Kunimitsu talked about the future of games and NFT at Cointelegraph Japan Traders Live last week.
NFTs bring economic activity into the games. These are characteristic marks that represent a particular element. For example, NFT can provide gaming users with evidence of game elements and characters. It can then be switched to cryptocurrency on exchanges such as OpenSea.
In Minecraft, some players build many houses, but now they can show their efforts to others, and that’s it. But the NFT code that gives home ownership is another story.
If the blockchain guarantees that “this house is the only thing in the world”, someone will pay to get it. If the amount of private furniture available is ten, if the number of pilot clothing made by Gucci is limited to a hundred, and if the number of ground buildings etc. is limited, they become valuable. ”
Great in Japan
The potential area is huge: Fortnight has around 150 million players per month, and Minecraft is not far. Kunimitsu notes that “this is more than Japan’s population,” and if they start using blockchain technology, gaming products will add value to their worlds.
Now Zuckerberg is expanding on Facebook. They also work with virtual reality through Oculus. In the near future, if you are in a gaming world with more than 100 million, 200 million, up to 300 million people, [using blockchain], you will be able to elements of a trading game Since assets and balance can become the base currency, you will see that the economy is larger than in the development of Japan.
Parents will play with their children
In addition, Kunimitsu believes that the new world of blockchain games can change the education of children. “At the moment, no matter how much time you spend on video games,” he said.
“Being involved in sports like baseball and football is a little good. Studying is, of course, good. Your parents won’t scold their child for being engaged. Why do you learn so much? Why do you play so much football? But they will say why you play so many video games. That’s because it’s a waste of time. ”
Kunimitsu believes that video game attitudes will change with the spread of blockchain games – and will be more valuable. Kunimitsu said, “By playing Minecraft indefinitely, you can build a great house and sell it to people who can make money in the real world.” “There will be many elementary school students who earn a lot.”
“Parents no longer want to scold children for playing video games.”
Kunimitsu is also the head of the Tokyo Content Blockchain Association (BCA) and Double Jump Manager. Tokyo, the blockchain developer for My Crypto Heroes and Brave Frontier Heroes.